See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2641 Pillsbury Ave, Minneapolis, MN, 55408

2beds
2baths
1,427sqft
$299,900
$210price/sqft
$2,303/moest. monthly cost
$92,120/yrincome needed

About This Home

Fantastic owner-occupant or investment opportunity in Minneapolis' highly desirable Whittier neighborhood! This well-located duplex features two separate 1 bedroom, 1 bathroom units, offering flexibility for a buyer looking to live in one unit while generating rental income from the other, or an investor seeking a solid addition to their portfolio. The upper unit is currently rented for $900/month and the lower unit is currently rented for $1,100/month. Each unit has its own dedicated garage stall in the detached 2-car garage, providing valuable off-street parking and added convenience. Additional highlights include a 2021 water heater serving one unit and a functional layout with separate living spaces. Located near Uptown restaurants, shopping, parks, public transportation, and downtown Minneapolis, this property offers the perfect combination of location, income potential, and long-term upside. Whether you're looking to start building your real estate portfolio or offset your housing expenses by living in one unit and renting the other, this duplex is a great opportunity.

Getting Around

89
WalkingVery Walkable
66
TransitGood Transit
97
BikeBiker's Paradise

Schools

2/10
Whittier InternationalGrades PK-50.2 mi
--
Andersen CommunityGrades PK-81.1 mi
6/10
South Senior High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1897

Materials

  • Roof: Age Over 8 Years

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex Up and Down

Interior

Appliances

  • Laundry features: Main Level,In Unit,Upper Level

Basement

  • Has basement: Yes
  • Basement: Block,Storage Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,427

Heating

  • Heating features: Forced Air,Hot Water

Interior Area

  • Total structure area: 1,713
  • Total interior livable area: 1,427 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 3402924310017
  • Zoning description: Residential-Multi-Family
  • Foundation area: 1128

Features

  • Levels: Two
  • Pool features: None
  • Fencing: Full

Lot

  • Lot size: 4,791 sqft
  • Lot size dimensions: 30 x 165

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Tornado
Winter Weather

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,516$18,192
Home Insurance *$229$2,748
Property Taxes $388$4,656
Electricity $170$2,050
Total$2,303$27,636
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,960/yr
40% on housing$69,090/yr
45% on housing$61,413/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$210This listing

vs Other Active Listings

Avg $/sqft

ZIP 55408$164
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55408$255
Hennepin County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-24Listed for sale$299,900
1995-10-31Sold$33,000

For Sale by Agent

AgentLuke Melin
BrokerageThe Leo Agency

Similar Homes